Eagle Creek Landing

Asset type: Apartment · Location: DeSoto,, North Carolina

Fantastic investor returns: Equity Multiples of 2.01x - 2.12x AARs of 20.22% - 22.34% We're also offering a "pure cashflow" investment class with 10% fixed returns. Incredible basis: With the renegotiated price of $21.75MM, we've now secured this asset at an unbelievable $96k/per door. This represents a significant discount compared to the market's peak in 2022 when similar assets were priced at around $152k/per door. Additionally, a recent comparable sale from June (for a lesser asset) closed at $123k per door. Premium Location: Being located in Dallas-Fort Worth (DFW) adds to the investment strength of this opportunity, as the DFW real estate market has shown itself as an exceptional area poised for continued growth and opportunity. After seeing huge success in San Antonio and Austin over the past decade, it makes perfect sense to stick to what we know and deepen our ties to the “Texas Triangle”. Additional Investor Return Upside: This property includes land deeded for another 26 units. There are many options here, including building the additional units or simply selling the land to a developer for a quick profit. While this opportunity has the potential to significantly enhance investor returns, it has not been factored into the underwriting or investor returns. Opportune Market Timing: Prices for multifamily apartment properties have fallen more today than during the 2008 Global Financial Crisis. This presents an attractive opportunity to buy into the bottom of the cycle at prices that won't be seen again. We’ll be sharing more data on this in the webinar and subsequent mailings.